DUKE B
DUKE B is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Tep Barnett USA, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 1,517,158 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.4M, with roughly $846K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 78,078 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 185,780 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DUKE B
- Who operates DUKE B?
- DUKE B is operated by Tep Barnett USA, LLC, Railroad Commission of Texas operator number 842986.
- Where is DUKE B?
- DUKE B is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 297965.
- Is DUKE B still producing?
- DUKE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKE B is August 2026.
- How much has DUKE B produced?
- DUKE B has reported 1,517,158 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is DUKE B worth?
- The remaining production from DUKE B is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKE B is a fraction of it. The estimate fits an Arps decline curve to the production DUKE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKE B is an estimate of value, not an offer and not an appraisal.
- How much income does DUKE B generate in a year?
- DUKE B is forecast to net about $846K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUKE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tep Barnett USA, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 297965 |
| Wellbores | 1 |
| Reported production | 1,517,158 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where DUKE B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.